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> This is false. People invest on many year horizons all of the time when they believe in the company.

The perfect example of why that is not the case at least in Silicon Valley is Google and their messengers and social networks... just how many of them exist(ed)? Four? Five? Each of them was someone's promotion project, left to languish, suffer and eventually die afterwards. Honestly it's a wonder Gmail and Maps are still around, their UI hasn't been updated much in ages despite obvious potential for improvements... I guess the only reason why they are alive is that they generate absurd amounts of data.



How is abandoned projects and example of stock investing time horizons?




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